RE: IN THE MATTER OF THE RECEIVERSHIP OF BETA ENERGY CORP. AND THE KADEN CREDITOR TRUST

PLEASE TAKE NOTICE that on August 12, 2025, the Court of King’s Bench of Alberta issued an order (the “Claims Process Order”) in the receivership proceedings of Beta Energy Corp. and the Kaden Creditor Trust (collectively, the “Debtors”), requiring all Persons who assert a Claim against the Debtors, whether unliquidated, contingent or otherwise, to file a Proof of Claim FTI Consulting Inc. (the “Receiver”) on or before 4:00 p.m. (Calgary time) on September 30, 2025 (the “Claims Bar Date”) by sending the Proof of Claim to the Receiver by registered mail, courier, email (in one PDF file), or personal delivery addressed to:

FTI Consulting Inc., in its capacity as the Court-Appointed

Receiver and Manager of Beta Energy Corp. and Trustee of

the Kaden Creditor Trust

Suite 1610, 520 Fifth Avenue SW

Calgary, Alberta T2P 3R7

Attention: Longmai Yan

Phone: (604) 628-2069

Email: KadenEnergy@FTIConsulting.com 

Pursuant to the Claims Process Order, Claims Packages, including the form of Proof of Claim, will be sent to all Known Creditors pursuant to the terms of the Claims Process Order. Persons wishing to assert a Claim against the Debtors may also obtain the Claims Process Order and Claims Package from the Receiver’s Website at: https://cfcanada.fticonsulting.com/kadenenergy, or by contacting the Receiver at KadenEnergy@FTIConsulting.com.

Only Proofs of Claim actually received by the Receiver on or before 4:00 p.m. (Calgary time) on September 30, 2025 will be considered filed by the Claims Bar Date. It is your responsibility to ensure that the Receiver receives your Proof of Claim by the Claims Bar Date.

CLAIMS WHICH ARE NOT RECEIVED BY THE CLAIMS BAR DATE WILL BE BARRED AND EXTINGUISHED FOREVER.

If you have any questions regarding the claims process or the Claims Packages, please contact the Receiver at KadenEnergy@FTIConsulting.com.

DATED this 13th day of August, 2025 at Calgary, Alberta.